Isorg, a Grenoble and Limoges, France-based developer of printed organic photodetectors and large-area image sensors, raised €24M in Series B financing.
The round was led by New Science Ventures (NSV), a US-based investment firm and Bpifrance, through its fund Large Venture, alongside Financière Fonds Privés (FFP) and current investors Sofimac Innovation, CEA Investissement and Dynalim.
The company intends to use the funds to conduct the different qualification steps of its production site based in Limoges and continue the development of subsystems ready to be integrated in the various applications.
Led by Jean-Yves Gomez, CEO and co-founder, and Emmanuel Guérineau, deputy CEO and co-founder, Isorg is an organic and printed electronics company for large area photo-detectors and image sensors. Its solutions convert plastic and glass substrates into smart surfaces offering a new generation of high performance imagers with 3D product integration capability recognizing any shapes or form factor. Its flexible image sensors have application in medical devices, ID security and access control, IoT and consumer electronics.
The company was created in 2010 and partnering with CEA-Liten, a French innovation center for new energy technologies and nanomaterials,